For a successful business, an individual entrepreneur needs to know what reports he must submit and in what time frame. The types of reporting provided depend on several factors - the tax regime applied by him, as well as the availability of his employees.
Regardless of the type of taxation, the individual entrepreneur, by January 20, submits to the IFTS a report on the average headcount. To do this, the number of employees is calculated for each day or month (including employees on sick leave, on administrative leave), then this indicator is added up and divided by the number of days in a month or year.
IE reporting on OSNO
IE reporting on OSNO is the most voluminous. The entrepreneur is obliged to submit VAT declarations to the Inspectorate of the Federal Tax Service on a quarterly basis. He also reports annually on the 3-NDFL form until April 30.
In addition, the individual entrepreneur must submit a declaration of the estimated income (in the form of 4-NDFL) - one month after the registration of the individual entrepreneur or, for an active individual entrepreneur, with an estimated 50% increase in profit. In case of untimely submitted reports, a fine of 1000 rubles may be imposed on the entrepreneur.
IP reporting on the simplified tax system
The reporting of individual entrepreneurs on the simplified tax system without employees is reduced to a minimum. The entrepreneur must submit to the tax return according to the simplified taxation system the next year by April 30 after the reporting period. Reports can be submitted in person, via e-mail or by valuable letter. Earlier, the IFTS also certified the Income and Expense Book, but since 2013 this is not necessary.
IP reporting on UTII
An individual entrepreneur on UTII submits a quarterly imputed tax declaration - no later than the 20th day of the month following the last one in the reporting quarter. An individual entrepreneur combining UTII and other modes (for example, STS or OSNO) also submits reports on them in full. At the same time, individual entrepreneurs need to keep separate tax accounting.
Employee reporting
Reporting for employees of entrepreneurs is standard and does not depend on taxation. Each individual entrepreneur who has employees must be registered with the FIU and the FSS. Every month (until the 15th day), he is obliged to make contributions from payments to employees to insurance and pension funds (at his own expense). Their size varies depending on the activity and tax regime, the standard is 30%.
The funds control the paid contributions through reports that the individual entrepreneur is obliged to provide on a quarterly basis. Since 2014, the individual entrepreneur has been submitting to the Pension Fund of Russia a report on contributions in the uniform RSV-1 form. The final deadlines are 15 May, August, November, February. Reporting to the Social Insurance Fund is submitted by the 15th day of the first month following the reporting quarter. The sole proprietor does not provide reporting for himself to the funds.
Also, an individual entrepreneur acts as a tax agent and is obliged to transfer 13% of employees' salaries to the budget on a monthly basis. Every year he submits a report to the Federal Tax Service Inspectorate in the form of 2-NDFL on the paid personal income tax for each employee.
